£133,561
This estimated value is based upon the latest sale price for the house of £76,500 on 13 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £76,500 | 13 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in June 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £76,500 results in an estimated price of approximately £133,561.
| 13 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £76,500 | £57,061 | £133,561 |
The Postcode Pricing Model uses changes in average sales price within the SR5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 19.716 % | £15,082 | £91,582 |
| 3 Month Average | 19.731 % | £15,093 | £91,593 |
| 6 Month Average | 4.783 % | £3,658 | £80,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £86,510 | £84,950 | 26 CRANLEIGH ROAD |
| 11 Nov 2022 | £84,107 | £84,500 | 46 COVERLEY ROAD |
| 3 Aug 2022 | £45,211 | £45,000 | 12 CRANBERRY ROAD |
| 26 May 2022 | £195,082 | £190,000 | 42 CALTHWAITE CLOSE |
| 27 Apr 2022 | £114,116 | £110,000 | 5 COWDRAY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Dec 2013. Using an estimated price of £133,562 means this house is valued at £1,855 per sq meter (£172 per sq foot).
The average size of a house on CRANBERRY ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cranleigh Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cranleigh Road |
| Jul 2024 | Anti-social behaviour | On or near Cranberry Road | |
| Jul 2024 | Anti-social behaviour | On or near Cranberry Road | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Cranberry Road |